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Nov 28, 2012
11/12
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>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part of the solution, not the total solution, to reducing entitlement spending. >> if you were this the white house today with with the president as many of the nation's leading ceos are, what wou
>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person,...
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Nov 24, 2012
11/12
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honesty and one of the union says elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cu. as for the effectiveness of this campai one conservative says this type pressure from unio is nothing new. >> the fact that they are publicly sayinghat they have been privately saying helps the american people understand where obama's in trend and comes from but nothing has changed. >> the issue is in the fiscal cliff discussion democrats appear willing to put entitlements and spending on the table. republicans saying they're willing to do tax revenue and that could be or would be the key to any agreement to avoi the fiscal cliff and get the country's books back in order. gerri: you will be covering this for a long time. thanks for that. this black friday wal-mart shoppers think protests, it is not a superstore workers on the picket line. jeff flock joins us with more. jeff: a few of them but the majority were not wal-mart workers but members of other unions like the teamsters,
honesty and one of the union says elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cu. as for the effectiveness of this campai one conservative says this type pressure from unio is nothing new. >> the fact that they are publicly sayinghat they have been privately saying helps the american people understand where obama's in trend and comes from but nothing has...
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Nov 29, 2012
11/12
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. >> reporter: he's been elected county commissioner and he owns a famous brothel. the mustang ranch. you have to be the most diversified businessman in america. wouldn't you say? >> i have a diversified portfolio. >> reporter: gillman is a republican in a state represented by one of america's most powerful democrats, harry reid. >> he's been a friend to the state of nevada. so certainly i supported his campaigns. >> reporter: but he doesn't agree with reid on everything and he's worried about the fiscal cliff in a region recovering more slowly than the rest of the nation. >> to me, our world is tied to confidence. confidence in our leaders, confidence in washington. confidence in taxes. trying to figure out what's going to happen with all the health care. and we are absolutely crushed with regulation. this is where the buck stops. all of the rules that are made back there. all the regulations that are made back there. all the financial decisions, they all flow right down here to where you and i are standing. and if companies aren't calling and if they aren't expand
. >> reporter: he's been elected county commissioner and he owns a famous brothel. the mustang ranch. you have to be the most diversified businessman in america. wouldn't you say? >> i have a diversified portfolio. >> reporter: gillman is a republican in a state represented by one of america's most powerful democrats, harry reid. >> he's been a friend to the state of nevada. so certainly i supported his campaigns. >> reporter: but he doesn't agree with reid on...
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Nov 29, 2012
11/12
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there's always talk about the election and the winner of obama but the most important market factor in november wasn't necessarily the win of obama over romney but it assures that ben bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are absolutely low and some time in 2013 you have to believe that. liz: the journal says qe 4 is coming. he is coming up in a minute because he got a big scoop yesterday on q e 4. great to have you on the program. the dow 14,000, you are obviously the bull, what would get us there and in what period of time? >> nice to be on with you. i think when we look at the technicals here we are seeing a strong landscape of many individual stock
there's always talk about the election and the winner of obama but the most important market factor in november wasn't necessarily the win of obama over romney but it assures that ben bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors...
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Nov 28, 2012
11/12
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>> look, i have voted for all of the above and i did it when i was running for re-election. it wasn't a political thing with me. i believe deeply that we got to get the country back on track. we're borrowing 31 cents of every dollar that we spend. clearly that's not sustainable. we know that our debt is now over 100% of our gross domestic product and headed higher. so we know steps have to be taken. the fastest growing part of federal spending are the health care accounts. we're spending 1 in every $6 in this economy on health care. >> the specific way to cut that, what is it? >> my number one recommendation -- >> yeah. >> -- would be better coordination of care for the chronically ill. 5% of medicare beneficiaries -- 5% -- use 50% of the money. >> mostly end of life care. right. >> a lot of it end of life care but a lot of it is not end of life care. it is for the chronically ill. people with multiple serious conditions. we do a very poor job of coordinating the care for those people. as a result, a lot of money is wasted. >> one final question quickly on farm subsidies. wh
>> look, i have voted for all of the above and i did it when i was running for re-election. it wasn't a political thing with me. i believe deeply that we got to get the country back on track. we're borrowing 31 cents of every dollar that we spend. clearly that's not sustainable. we know that our debt is now over 100% of our gross domestic product and headed higher. so we know steps have to be taken. the fastest growing part of federal spending are the health care accounts. we're spending...
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Nov 28, 2012
11/12
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we made a commitment to the base that elected us. we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the gop should stand up and say not one drop of revenue until you show me good faith with the spending reduction you all talk about except when it comes time to do something about it. and step b is that the small business community should say not one pens penny until i know you are not going to screw me. >> a quiz. well the answer is coming up next. it is the energy boom that is the brightest spot in our dull and amenemic economy. does the republican party have a front-runner for 2016 could be. don't forget. free market capitalism. we are about to prove it
we made a commitment to the base that elected us. we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the...
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Nov 23, 2012
11/12
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>> the same composition of congress existed before the election is what we have after the election. nothing happened before then. i'm just repeating what lawmakers said. chris van howen, representative out of maryland, said if nothing is done before they go on summer recess, you have to suspect nothing can get done by the end of the year. everybody is concentrating on this december 31st deadline. actually december 14th is the final day for congress. they can work through the holidays to try to get this deal done. we're looking at $600 billion according to the cbo and if you really want to look at all of 2013, you are looking at $800 billion to $900 billion. it is hard to imagine they could come to terms with everything that needs to be taken care of in just a few weeks from now. >> what happens to the markets if we miss that deadline, todd? >> they're going lower. look at federal spending. >> how much lower? >> at least 10%. this country's destined for a recession as it is. now if you take a look at the fiscal cliff mess, plus you look at spending cuts on the government's side, that
>> the same composition of congress existed before the election is what we have after the election. nothing happened before then. i'm just repeating what lawmakers said. chris van howen, representative out of maryland, said if nothing is done before they go on summer recess, you have to suspect nothing can get done by the end of the year. everybody is concentrating on this december 31st deadline. actually december 14th is the final day for congress. they can work through the holidays to...
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Nov 29, 2012
11/12
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it's very hard to quantify sandy and the elections overall. macys said we had a record black friday, but it wasn't enough to overcome the effects of sandy. no longer will nordstrom do monthly sales. less than 20% of retailers now report monthly sales. it's really hard to gauge anything based on these retail sales number. you know the whole world was up? europe was up to a new high. boy were the bulls wrong on this. i was part of it unfortunately. in september and october, we were all bullish on china. a big restructuring, nothing's happened. that's why the market is drifting lower, concerns about bank capitalization rates, this calls for big buy backs on the main land. the grandfathers in shanghai who trade in that market are not trading as much, they're not as interested. every list i have seen is cash a percentage of market cap. usually it's about 7% and above. i see ray theon has a really good one. o'reilly automotive was another good one. >> thank you, bob. >> shadow inventory, that's down, copper developing, you can't get the copper. a lo
it's very hard to quantify sandy and the elections overall. macys said we had a record black friday, but it wasn't enough to overcome the effects of sandy. no longer will nordstrom do monthly sales. less than 20% of retailers now report monthly sales. it's really hard to gauge anything based on these retail sales number. you know the whole world was up? europe was up to a new high. boy were the bulls wrong on this. i was part of it unfortunately. in september and october, we were all bullish on...
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Nov 23, 2012
11/12
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is such a mess, and it's really too bad that we didn't have more change from the election. so what i'm hoping is that president obama will be more of a president and less of a candidate, because he's the mac daddy candidate, there's no doubt about it. this is the guy who can campaign. but he's not governed. he's not led as president. so i'm very hopeful that the new year would bring that. and i'd also like to see new leadership in the republican party. i think john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't th
is such a mess, and it's really too bad that we didn't have more change from the election. so what i'm hoping is that president obama will be more of a president and less of a candidate, because he's the mac daddy candidate, there's no doubt about it. this is the guy who can campaign. but he's not governed. he's not led as president. so i'm very hopeful that the new year would bring that. and i'd also like to see new leadership in the republican party. i think john boehner needs to go. i think...
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Nov 26, 2012
11/12
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we have burned up three weeks since the election. but only have five more to go, are we going to make it? >> that is the great untold story, there's not that much time after the election to get thanksgiving and christmas. we did not meet a goal after the election, finally had a meeting later in the week down in the white house with the congressional leaders, john boehner, harry reid, mitch mcconnell, and out for thanksgiving solely today are people trying to get back starting to draw the battle lines a little bit. we seem to have burned three weeks which is time is of the essence. david: i'm thinking three years ago obamacare on christmas eve, will it come down to that? >> maybe new year's eve january january 1, mandattry spending cuts kick in on the second of january. you hit on a very important point. congress only ask when there is the gamut swinging over their heads. they often do this around christmas time. it is the final train leaving the station. finishing the christmas shopping and people start to get itchy, i compare it to
we have burned up three weeks since the election. but only have five more to go, are we going to make it? >> that is the great untold story, there's not that much time after the election to get thanksgiving and christmas. we did not meet a goal after the election, finally had a meeting later in the week down in the white house with the congressional leaders, john boehner, harry reid, mitch mcconnell, and out for thanksgiving solely today are people trying to get back starting to draw the...
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Nov 28, 2012
11/12
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remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the election. he said that he looked forward to sitting down and meeting with him, said there are some good ideas, some things of his record that he would like to talk to him about. when he was pressed on that the president said that he thought that mitt romney did a good job in turning the olympics around and he thought that could apply to the federal government to make it more efficient, to make it more customer friendly. people friendly. and so we expect that some of that will be part of the discussions when the president sits down with mitt romney here at the white house tomorrow. i think the timing of this is also quite interesti
remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the election. he said that he looked...
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Nov 28, 2012
11/12
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gerri: what about corker and grahm and all these people in washington, elected representatives now saying, you know, i'm rethinking whether there should be a no tax pledge. >> true. that's on the senate side. on the house side, revenue was on the table a long time ago, as in last summer of 2011 and said if we reform the tax code, clear junk deductions out that for the upper brackets, there's more revenue and simplifies the system, and at its best, the tax code is designed to be as simple as possible which is a mess right now, and if you clear that out, people going back to making profit. when i was growing up, profit was a six-letter word, but now it's a four-letter word, and if you make a profit, people want to punish you. gerri: if it was simple, people wouldn't know what to do. >> i do, i understand, but that's the way we get taxes in is that people make more profit, then we have more tax revenue. gerri: what about what bowles had to say in i want you to listen to him. >> okay. >> i'm not encouraged or discouragedded. i'm really worried that we have a real probability we could go over
gerri: what about corker and grahm and all these people in washington, elected representatives now saying, you know, i'm rethinking whether there should be a no tax pledge. >> true. that's on the senate side. on the house side, revenue was on the table a long time ago, as in last summer of 2011 and said if we reform the tax code, clear junk deductions out that for the upper brackets, there's more revenue and simplifies the system, and at its best, the tax code is designed to be as simple...
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Nov 29, 2012
11/12
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plus we had the election and fiscal cliff oncoming. with that, we still got over 2% growth. so even with some kind of drag from higher taxes and spending into next year, without a lot of those -- those severe head winds, you know, i just don't see how with a global -- coordinated global monetary easing policy from the central banks, how you're going to have a worser economy next year and therefore lower profits. >> joe? or josh? >> hi, tony. josh brown. i'm just curious, if you took a look at that gdp third quarter revision from this morning, one of the things i think jumped out most is that really all of the improvement comes as a result of both federal spending and then the other thing -- then the other thing that people don't want to see which is a lot of inventory restocking which i understand is seasonal. but now that's on the backs of the consumers, actually, taking those products out of stores to their homes. are we really going to be able to say that that was a good upward revision? even though the number went up? >> no. frankly, the market would have already priced
plus we had the election and fiscal cliff oncoming. with that, we still got over 2% growth. so even with some kind of drag from higher taxes and spending into next year, without a lot of those -- those severe head winds, you know, i just don't see how with a global -- coordinated global monetary easing policy from the central banks, how you're going to have a worser economy next year and therefore lower profits. >> joe? or josh? >> hi, tony. josh brown. i'm just curious, if you took...
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Nov 27, 2012
11/12
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he was just demand that the muslim brotherhood put up for election. lou: in the white house today, and i want to get your assessment, the white house press spokesman said, we are concerned about dictatorial power. we are concerned about it. we raised those concerns. he also said, the president has not spoken with him since the cease-fire or since he acquired those new powers. what is your perception of what the white house is doing in this response? >> well, come to say i'm concerned about what he is doing, we have a kind of a prominent positionn egyptian politics. we have sway over egypt, money that we invested. let's face it. the egyptians have alalwa played a very sewdgame. they did it under mubarak and not doing it. it is the equivent of two big to fail. a big country, very important country. bacon's defense at any time. we keep hoping, but thy don't. and i think there is not really my said the whitehouse can do. lou: the net is states is so gullible or we are so acquiescent and actually feel well served by their pursuit of their interest irrespec
he was just demand that the muslim brotherhood put up for election. lou: in the white house today, and i want to get your assessment, the white house press spokesman said, we are concerned about dictatorial power. we are concerned about it. we raised those concerns. he also said, the president has not spoken with him since the cease-fire or since he acquired those new powers. what is your perception of what the white house is doing in this response? >> well, come to say i'm concerned...
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Nov 21, 2012
11/12
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beyond june 38 because there is no election next year. gerri: college tax credit, any change? >> well, the american opportunity tax credit will expire at the end of 2012 if it is not extended we refer to the hope scholarship tax credit which means from $2,500 a year to 1800, maybe $1,900 a year and only two years to four. gerri: thank you for coming on. an absolute pleasure to have you. this is something that no one thought about what the fiscal cliff. so worried about other stuff, taxes, defense dollars. >> thank you for having me. gerri: a warning for online investors. they may have a cute baby spokesperson, but e-trade and others like it may be charging you didn't these. the results of an important new study next. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. ce to the winteevent and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a mon
beyond june 38 because there is no election next year. gerri: college tax credit, any change? >> well, the american opportunity tax credit will expire at the end of 2012 if it is not extended we refer to the hope scholarship tax credit which means from $2,500 a year to 1800, maybe $1,900 a year and only two years to four. gerri: thank you for coming on. an absolute pleasure to have you. this is something that no one thought about what the fiscal cliff. so worried about other stuff, taxes,...
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Nov 27, 2012
11/12
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he was just demand that the muslim brotherhood put up for election. lou: in the white house today, and i want to get your assessment, the white house press spokesman said, we are concerned about dictatorial power. we are concerned about it. we raised those concerns. he also said, the president has not spoken with him since the cease-fire or since he acquired those new powers. what is your perception of what the white house is doing in this response? >> well, come to say i'm concerned about what he is doing, we have a kind of a prominent position in egyptian politics. we have sway over egypt, money that we invested. let's face it. the egyptians have always played a very shrewd game. they did it under mubarak and not doing it. it is the equivalent of two big to fail. a big country, very important country. bacon's defense at any time. we keep hoping, but they don't. and i think there is not really my said the white house can do. lou: the net is states is so gullible or we are so acquiescent and actually feel well served by their pursuit of their interest
he was just demand that the muslim brotherhood put up for election. lou: in the white house today, and i want to get your assessment, the white house press spokesman said, we are concerned about dictatorial power. we are concerned about it. we raised those concerns. he also said, the president has not spoken with him since the cease-fire or since he acquired those new powers. what is your perception of what the white house is doing in this response? >> well, come to say i'm concerned...
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Nov 28, 2012
11/12
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FOXNEWSW
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instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people making youtube videos about what they think about the fiscal cliff. that's what the administration is asking people to do to convince members of congress to vote. what about saving that time and actually doing the job we elected you to do to sit in the room and get something done. >> steve: according to the president's side. he learned a valuable lesson in the summer of 2011 when they tried to get a grand bargain with john boehner. he will negotiate with the congress. we'll go out campaign style. it never ends . gretch mentioned twitter, they have launchhed a hash tag my 2 k to get people to explain how it impacts them. it is turning out to be a dud. >> brian: two things to be noted. dick durbin gave the encouraging quote. everything should be on the table. we have to get ourselves out of i had to read it three times because he is number two ranking democrat. and i read behind the scenes, it is
instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people making youtube videos about what they think about the fiscal cliff. that's what the administration is asking people to do to convince members of congress to vote. what about saving that time and actually doing the job we elected you to do to sit in the room and get something done. >> steve: according to the president's side. he...
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Nov 23, 2012
11/12
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i don't think it ends up deciding the election. lots of other things that ended up, but there is no question that having chris christie give president obama that figurative and literal embrace of the national stage a week before the election when he was the keynote speaker at the republican convention was held to the president's. >> and the your out of time. of all was right on the issue according to the poll and is supported his position. lou: we will take note of two things. your candid one. your former boss played a big part. we would both agree that governor christie probably should have been telling you know, a conference call to the both of t joins us. don't you love it? a lame duck session of congres they're the ones who have to ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. and waiting in
i don't think it ends up deciding the election. lots of other things that ended up, but there is no question that having chris christie give president obama that figurative and literal embrace of the national stage a week before the election when he was the keynote speaker at the republican convention was held to the president's. >> and the your out of time. of all was right on the issue according to the poll and is supported his position. lou: we will take note of two things. your candid...
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Nov 21, 2012
11/12
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paul bremer turned over authority to the interim iraqi government, which would run the country until elections could be held. [gunfire] >> the insurgency was already gaining momentum. and with the, then newly constituted iraqi army riding into battle in unarmored pickup trucks, and scrounging for guns and ammunition, the iraqi defense ministry went on a billion dollar buying spree with almost no oversight. the contracts were paid in advance with no guarantees, and most of them involved a single company. >> there were awarded without any bidding to a company that was established a few months prior with a total capital of $2,000. so you had nearly a billion dollars worth of contracts awarded to a company that was just a paper company whose directors had nothing to do with the ministry of defense or the government of iraq. >> the name of that company was alain al jaria, which in arabic means the ever-flowing spring. it's address, here in amman, jordan was a post office box. it's telephone number, a mobile phone. the principal was a mysterious iraqi by the name of naer jumaili. and a half a billio
paul bremer turned over authority to the interim iraqi government, which would run the country until elections could be held. [gunfire] >> the insurgency was already gaining momentum. and with the, then newly constituted iraqi army riding into battle in unarmored pickup trucks, and scrounging for guns and ammunition, the iraqi defense ministry went on a billion dollar buying spree with almost no oversight. the contracts were paid in advance with no guarantees, and most of them involved a...
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Nov 27, 2012
11/12
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i know a close election, but, it is not as if they were just wiped off the face of the earth? what are they doing? >> i think there are a couple things here, dan and i were talking, if they go ahead, and go along with this, then they are setting a tone and putting themselves at risk for midterm elections, they can't afford to lose at this pointolitically. but i think they know, that if theyment long-term tax solutions, a simplification of the tax code if that i want to talk about entitlement reform they have to concede a bit. i think one thing that could help both sides if we had a well the more transparency in this conversation so it is not just republicans that are strong armed here. neil: you know, dan, you are closer to this than i will be, but i have to say between this concession of republicans to entertain what cou be more substantial revenue hikes, so say nothing now of embracing the idea of suzanne rice -- susan rice hearing on the benghazi thing on capitol hill, now all of a sudden, she is not a fool, there is something weird going on, i see them folding on one issue
i know a close election, but, it is not as if they were just wiped off the face of the earth? what are they doing? >> i think there are a couple things here, dan and i were talking, if they go ahead, and go along with this, then they are setting a tone and putting themselves at risk for midterm elections, they can't afford to lose at this pointolitically. but i think they know, that if theyment long-term tax solutions, a simplification of the tax code if that i want to talk about...
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Nov 21, 2012
11/12
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and then the election, they still didn't want to do anything. resolving the fiscal cliff will not make them feel any better because the resolution will be higher taxes. >> absolutely. and that is where businesses throw out, chamber of commerce, is ask why they are not doing something, it is uncertainty. they ar paid to manage in uncertainty. there's just a lot of nonsense. the economy is not moving along very well. the discussions will not resolve the fundamental problem from exploding entitlements and mammoth increase in spending imposed on america and now want americans to validate, that is why they are not investing. melissa: it is so true. a timed everybody blamed the weather. unseasonably cold or hot. this all makes me pretty depressed and makes me feel like the economy will not get better anytime soon. >> by reelecting barack obama, he will not create jobs for them. we have seen for years worth of his tricks, and what have you dy talk about doing besides raising taxes. more jobs creation programs. it seems like stimulus. why would $1 trill
and then the election, they still didn't want to do anything. resolving the fiscal cliff will not make them feel any better because the resolution will be higher taxes. >> absolutely. and that is where businesses throw out, chamber of commerce, is ask why they are not doing something, it is uncertainty. they ar paid to manage in uncertainty. there's just a lot of nonsense. the economy is not moving along very well. the discussions will not resolve the fundamental problem from exploding...
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Nov 26, 2012
11/12
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the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into the -- 6. >> anybody want to top that now? >>> on cbs "this morning." >>> the rolling stones marked their 50th anniversary with a concert in london and head to the united states next month. ♪ hey, you, get out of my path ♪ you know when i'm going, out of my path ♪ captioning funded by cbs >>> welcome to cbs increases and automatic spending cuts that would start in january. >>> this morning there are new signs both sides may
the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball....
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Nov 27, 2012
11/12
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and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors about two key acquisitions that have caused billions of dollars in losses. the lawsuit alleges that hp management concealed the problems and another recent acquisition which we've talked about, electronic data, in an attempt to boost hp stock price. meantime in the "wall street journal," former employees, business partners and attorney attorneys say it's not difficult to conclude that the company autonomy's accounting was overly aggressive, they say such behavior tip filed autonomy long before hp bought it. and mike lynch says the company's culture was aggressive. >> th
and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors...
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Nov 27, 2012
11/12
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. >> elections come and go. and when they go the spirit to find common ground becomes greater. >> reporter: georgia republican saxby chambliss and mark warner lead the gang of eight. four senate democrats and four senate republicans, who originally met in 2007 to craft a plan to cut the debt. >> you still don't have a final product after 2 1/2 years. why do shud we have any confidence that the president and the leaders should get anything done in the next two weeks? >> anything we look at we won't completely reform the tax code or completely make all the changes in the entitlement programs in the next seven weeks. over this last 2 1/2 years, we all know where the issues are. can we make enough of a down payment to assure the markets and put a real process in place that will allow us to work through this? >> reporter: chambliss says he and other republicans still oppose hiking tax rates on the wealthy, a move they contend kills jobs. instead, republicans propose limiting tax deductions for high earners. eliminati
. >> elections come and go. and when they go the spirit to find common ground becomes greater. >> reporter: georgia republican saxby chambliss and mark warner lead the gang of eight. four senate democrats and four senate republicans, who originally met in 2007 to craft a plan to cut the debt. >> you still don't have a final product after 2 1/2 years. why do shud we have any confidence that the president and the leaders should get anything done in the next two weeks? >>...
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Nov 29, 2012
11/12
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FOXNEWSW
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that was his first executive order when he was elected president. he said he would close gitmo. it is still open. abbas's turn to ask for palestinian statehood. expected to get his wish . he wants palestine to be updated to a nan member observer state. it would provide international recognition for palestinian control over areas that israel captured in the six-day war. >> said many times that the path to a two-state solutionn that fulfilled the aspirerationn of the palestinian people is through jers lemm and ramallah and not new york. >> israel is saying it will not return to negotiations after the vote. >> brandd new details lurking in the train crash that kill would four wounded warriors. the railroad crossing only gave a 20 second warning that the train was coming. it is supposed to be 30 seconds. and the driver of the truck entered one second after the crossing guards began to lower. >> you are about to see a photothat turns a police officer in a hero now. he saw a homeless man in times square and had no shoes on his feet. he went to a scretcher's store and bought a pair of
that was his first executive order when he was elected president. he said he would close gitmo. it is still open. abbas's turn to ask for palestinian statehood. expected to get his wish . he wants palestine to be updated to a nan member observer state. it would provide international recognition for palestinian control over areas that israel captured in the six-day war. >> said many times that the path to a two-state solutionn that fulfilled the aspirerationn of the palestinian people is...
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Nov 26, 2012
11/12
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FBC
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just weeks ahead of the general election. the former general and one-time prime minister said he will stay at his post until a new government is formed. those are your headlines. back to dagen and connell. dagen: online black friday sales topping a record. $1 billion. connell: we want to know about today. supposed to be this big day online. we have sent adam shapiro out there. >> 1.2 million square feet. they have 40 of these centers throughout the united states. this is the largest. we are on a 15 minute rate. they will come back at 11:30 a.m. they have been going 247. anybody who is selling online. at amazon.com, they will sell more than 200 items per second. last year it was 204 items per second. they expect revenue in the fourth quarter to be 16 to possibly 30% higher. i want to give you a quick shot of that area i am in. they take them out and put them in the yellow fins. they are said further down the line to the pickers. then they package it. then it is sent to your house. we will talk to an exeeutive about the numbers
just weeks ahead of the general election. the former general and one-time prime minister said he will stay at his post until a new government is formed. those are your headlines. back to dagen and connell. dagen: online black friday sales topping a record. $1 billion. connell: we want to know about today. supposed to be this big day online. we have sent adam shapiro out there. >> 1.2 million square feet. they have 40 of these centers throughout the united states. this is the largest. we...
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Nov 24, 2012
11/12
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. >> lou: joining us now is congressman louie gohmer, elected to a' term and vice chair of the committee on terrorism and homeland security and served as chief justice for the 12th court of appeals. let's start with the fiscal cliff. i want to go to your call for a special prosecutor. on benghazi, but, going to the fiscal cliff, the speaker making it very clear, that he's going to approach the negotiation of the white house, on the cliff, positively with some sense at least of accommodation, potential accommodation, if his terms are met. that is positive stuff, don't you think? >> well, it is positive. but, there's a lot of pressure, right now, and, of course, pressure is what you can use to take care bonn and make diamonds. this is the time to be bold. this is not the time to be defensive and i'm glad the speaker has come forward with a proposal but, the thing is, we ought to be taking the president's words and sticking them back with him. he wants everybody to pay their fair share. let's do it. let's have capital gains, 15%. let's have income tax, 15%, gift taxes, 15%, let's make sure
. >> lou: joining us now is congressman louie gohmer, elected to a' term and vice chair of the committee on terrorism and homeland security and served as chief justice for the 12th court of appeals. let's start with the fiscal cliff. i want to go to your call for a special prosecutor. on benghazi, but, going to the fiscal cliff, the speaker making it very clear, that he's going to approach the negotiation of the white house, on the cliff, positively with some sense at least of...
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Nov 23, 2012
11/12
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FBC
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what happens before the election? >> well, i think that we have -- what we've before told in terms of the process is that the nebraska department of environmental quality will reach a conclusion by the end of the year, and make a recommendation to the governor assuming he signs off on that. the department of state has said that they will make a decision in first quarter next year. that's the time frame we're working from tay, and at least at this point in time, nobody's made any adjustmes to the schedule. that's what we working towards very hard to make it happen. melissa: so that's after the election you think something happens? >> that's the schedule that we're working on right now, is one that occurs, a decision occurs sometime in the first quarter of 2013, but, obviously, the soon r we get that done, the sooner we can put, you know, the americans that want to get to work on the project back o work. melissa: how many, by the way,? how many jobs would this create? homuch oil would it bring to the u.s.? >> the jobs c
what happens before the election? >> well, i think that we have -- what we've before told in terms of the process is that the nebraska department of environmental quality will reach a conclusion by the end of the year, and make a recommendation to the governor assuming he signs off on that. the department of state has said that they will make a decision in first quarter next year. that's the time frame we're working from tay, and at least at this point in time, nobody's made any adjustmes...
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Nov 26, 2012
11/12
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CNBC
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now that the election is over, we're here with mark. we're going to give all your information later, but if i say your name and company, people are going to know where we are. we're not going to give that. you run a marketing company and a branding firm. how has your business gone now that the election is over and as we head toward the fiscal cliff? >> well, our business has been robust and continues to be robust. so far, it hasn't been impacted at all. we're actually looking forward to a pretty good 2013. >> are your clients saying, hey, mark, i want to give you more business, but i'm worried about this fiscal cliff thing. i'm worried about taxes, worried about the economy. are you hearing that at all? >> well, we haven't heard specifically from our clients. and we handle a lot of global brand brands. but i have heard it from other ceos in the region. they're tapping the brakes and not investing to the degree they would have. >> the big companies would hire you to do branding and marketing for them, but do you have to -- are you planni
now that the election is over, we're here with mark. we're going to give all your information later, but if i say your name and company, people are going to know where we are. we're not going to give that. you run a marketing company and a branding firm. how has your business gone now that the election is over and as we head toward the fiscal cliff? >> well, our business has been robust and continues to be robust. so far, it hasn't been impacted at all. we're actually looking forward to a...
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Nov 26, 2012
11/12
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i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to be browned by grover norquist from americans for tax reform. this is an issue bigger than norquist. the republican party has positioned itself as the smaller government, anti-tax party. but they've lost an election and it appears that republicans in the senate will see about the house, already to give some ground. >> john, thank you. that's good news. looks like at least some may be ready to rise above the partisan rhetoric. we'll find out. >>> welcome back here. again if you are just joining us, we're at the lincoln financial field in philly, the third best city in the stock market in the last year. another guy that has a brand-new job but is well known to cnbc viewers, bob doll. he's just been announced as chief equity strategist for nuvene asset management. and ken volpert of vanguard based pretty darn close. bob, this is your first i
i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to be browned by grover norquist from americans for tax reform. this is an issue bigger than norquist. the republican party has positioned itself as the smaller government, anti-tax party. but they've lost an election and it appears that republicans in the senate will see about the house, already to give some ground....
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Nov 22, 2012
11/12
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FBC
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the election is over. charles: the election cycle never stops these days. ron paul, i have to tell you that i have learned a lot rom you over the last several years. there is a reason you are a legend. i thank you for taking the time. >> thank you for having me on, charles the one with the economy looking like an ugly doll, a union battle is getting even uglier. we have more coming up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. charles: when it comes to stuff that you buy online from the majority of people support and online sales tax. jerry joins us. welcome to the show. >> it's a funny how times change. a decade or so and put you out of business. credible market evaluation, we are a little worried about that. >> not at all. toys "r" us.com, we collect sales tax. so do all of them at this company. what the looph
the election is over. charles: the election cycle never stops these days. ron paul, i have to tell you that i have learned a lot rom you over the last several years. there is a reason you are a legend. i thank you for taking the time. >> thank you for having me on, charles the one with the economy looking like an ugly doll, a union battle is getting even uglier. we have more coming up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the...
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110
Nov 23, 2012
11/12
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FBC
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i don'tthink it ends up deciding the election. lots of other things that ended up, but there is no question that having chris christie give president obama that figurative and literal embrace of the national stage a week before the election when he was the keynote speaker at the republican convention was held to the president's. >> and the your out of time. of all was right on the ssue according to the poll and is supported his position. lou: we will take note of two things. your candid one. your former boss plad a big part. we would both agree that governor christie probably should have been telling you know, a conference call to the both of t joins us. don't you love it? a lame duck session of congres they're the ones who have to they're the ones who have to st want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professions who understand the diff
i don'tthink it ends up deciding the election. lots of other things that ended up, but there is no question that having chris christie give president obama that figurative and literal embrace of the national stage a week before the election when he was the keynote speaker at the republican convention was held to the president's. >> and the your out of time. of all was right on the ssue according to the poll and is supported his position. lou: we will take note of two things. your candid...
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Nov 28, 2012
11/12
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FBC
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their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous. melissa: in the summer knight capital was fighting for it survival after aaron's trading wiped out money from the balance sheet. but they find themselves in the middle of a bidding war as high frequency trading outfit tries to outbid their arrival. who has the advantage? which has the advantage. >> we report, you decide. i will lay ouu a couple of things. convincing the board to accept an all cash. from $3 plus. we don't know what the plus is, that could be a big thing. they're looking to do this by telling the board members, who actually like the ce
their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous....
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Nov 26, 2012
11/12
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CNBC
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in the catolca catalonia win the regional elections. the stock market reacted a little bit, it would have been worse if the leader of the separatist movement had done better. let's move on to what i think is the most interesting story and could definitely affect a lot of investors who watch cnbc, argentina. during all the retail hubaloo, a federal judge in new york ordered argentina to pay nml securities $1.5 billion. he has ordered this many times before. what is different is the remedy. there are two things that investors need to know. if you are invested in an emerging market hedge fund you should be worried about whether or not argentina will pay a gdp warrant december 15th. they very well may not and most indexes when it comes to the emerging markets contain argentinean debt. is it going to be systemic if they don't pay it? no, but you could be affected. the second thing is the remedy that the judge has imposed. this is very interesting. he knows argentina will never pay so now what he said is i don't care if argentina doesn't pay.
in the catolca catalonia win the regional elections. the stock market reacted a little bit, it would have been worse if the leader of the separatist movement had done better. let's move on to what i think is the most interesting story and could definitely affect a lot of investors who watch cnbc, argentina. during all the retail hubaloo, a federal judge in new york ordered argentina to pay nml securities $1.5 billion. he has ordered this many times before. what is different is the remedy. there...
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Nov 28, 2012
11/12
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CNBC
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remember a couple things, first he just won the election. second of all, his position on raising taxes on top earners is very popular in the country, well over 60% of the american people say they want that to happen. you've begun to hear some republicans say they ought to do what the president just asked for. tom cole, a conservative congressman from oklahoma, former executive director of the republican national committee. he said yesterday republicans should just take the deal the president is proposing on the 98%, extend those tax cuts, and then fight over the contours of a tax increase for the top 2%. that is an indication that the republican position is weakening and the president's trying to push that ball down the field a bit further and caught it to weaken further. >>> what's the substance of what you think will take place later in the white house, including lloyd blankfein. >> reporter: i think what he's trying to do -- scott, can you still hear me? >> reporter: i don't know if you can hear me, but i'll say what i think the president
remember a couple things, first he just won the election. second of all, his position on raising taxes on top earners is very popular in the country, well over 60% of the american people say they want that to happen. you've begun to hear some republicans say they ought to do what the president just asked for. tom cole, a conservative congressman from oklahoma, former executive director of the republican national committee. he said yesterday republicans should just take the deal the president is...
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Nov 27, 2012
11/12
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FBC
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-- after he won the election. president roosevelt's policies did not bring america out of depression. world war ii did. let's hope that is not another unfortunate parallel. [ male announcer ] you are a business pro. monarch of markeng analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can evenake a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. stuart: joining the company now from chicago, larry levin with trading advantage. simple question, larry, why is the dow down when i've got a whole stack of positive news in the background? greece gets its money. home prices up for six months in a row, etc., etc., etc., but the dow is down. why? >> even a good durables goods number this morning. a little bit of a surprise to traders. we saw it today and yesterday. decent amount of institutional sell
-- after he won the election. president roosevelt's policies did not bring america out of depression. world war ii did. let's hope that is not another unfortunate parallel. [ male announcer ] you are a business pro. monarch of markeng analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can evenake a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male...
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Nov 28, 2012
11/12
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CNBC
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we don't -- we're not in a election, we're not elected to do that but we do have the exper cease and the people who are legislating are right to ask our views. >> lloyd blankfein there being a little bit gentle saying we're not here to tell people what to do but cl is clearly a message these ceos want to get across today. a little bit while ago we saw a press conference here on capitol hill where ceos called for a bipartisan solution. >> so we encourage congress and the white house to put aside the political rhetoric that still invades this conversation and rise above it to make sure that we have revenue necessary in order to move this economy forward and entitlement reform that helps make sure this nation is a safe and wonderful place to live. >> mandy, they're going to be wrapping up here on capitol hill and heading down to the white house for meetings with the president later on this afternoon. it's been a very busy day up here, bribe, up on capitol hill. no killer whales here but a lot of killer ceos, brian. >> yes, and bertolini did say "rise above" in than sound bite. >> yes, d
we don't -- we're not in a election, we're not elected to do that but we do have the exper cease and the people who are legislating are right to ask our views. >> lloyd blankfein there being a little bit gentle saying we're not here to tell people what to do but cl is clearly a message these ceos want to get across today. a little bit while ago we saw a press conference here on capitol hill where ceos called for a bipartisan solution. >> so we encourage congress and the white house...
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Nov 26, 2012
11/12
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FBC
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the election was not about unfunded liabilities. melissa: fundamentally about the size of government and people voted bigger. lou: i must have missed that. the republican party has grown government and assume advisers to government -- governor romney were the same as president bush. melissa: is seen as the boat to four obama was bigger government. lou: and the vote for mitt romney? i am saying the intellectual integrity of the moment acknowledging it is the size of government if we can't sustain them and the social safety net programs in perpetuity when we're trillions of dollars in debt and for doing so. melissa: how do drive that message home? nobody is getting it. >> a lot of people are. but they're not being honest. there in the democratic party and if they continue to refuse what is reality, and then a cliff is a small thing and embedded for decades. it is not a pleasant experience. melissa: i am not excited. [laughter] i hear you. melissa:. lou: people have to be honest. melissa: also watch him tonight tonight catch hoover ins
the election was not about unfunded liabilities. melissa: fundamentally about the size of government and people voted bigger. lou: i must have missed that. the republican party has grown government and assume advisers to government -- governor romney were the same as president bush. melissa: is seen as the boat to four obama was bigger government. lou: and the vote for mitt romney? i am saying the intellectual integrity of the moment acknowledging it is the size of government if we can't...
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Nov 22, 2012
11/12
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we think it is a reasonable and bipartisan effort now that the election is over. melissa: so you think he's your only go here? >> well, yes, we think that his efforts could make a huge difference. we were awarded this back in march of 2010. president obama awarded this to virginia, and unfortunately after the vp bill in april, our sale was initially postponed. then it was eventually canceled. what we are trying to do is reinstate the sale. melissa: how much oil are we talking about here, what with the estimates? what would it mean for you? >> well, the estimates, which are actually 30 years old, they were done 30 years ago. estimating 3.3 billion barrels of oil and over 31 trillion cubic feet of gas off of virginia. typically, these estimates are overproduce when they are actually developed. we think there is a substantial amount out there, and according to estimates, 31,000 jobs could be created by exploring that area. we think it's good for the economy. it's good for tax revenue. it is something that the president could do. >> i have followed this industry for a
we think it is a reasonable and bipartisan effort now that the election is over. melissa: so you think he's your only go here? >> well, yes, we think that his efforts could make a huge difference. we were awarded this back in march of 2010. president obama awarded this to virginia, and unfortunately after the vp bill in april, our sale was initially postponed. then it was eventually canceled. what we are trying to do is reinstate the sale. melissa: how much oil are we talking about here,...
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Nov 28, 2012
11/12
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FBC
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the argument you hear from many democrats even harry reid today, ying that elections have consequences, and this one americans voted for this. yoyou can. i don't know they voted on more spending. >> there is some truth to what you say. >> a lot. >> all truth. neil: a little. >> we're in the pregehmannal sis, thi -- we in the pregame analysis, does everyone believe we're getting threw this without any spending cuts, of course, not, here is what is going on happen decemr 31 we take steps to resolve some tax issues, it will have a lot to did with how we approach taxes next year, you will seeesome discussion, on cutting some spending but is that going to be carried over? neil: here is what i'm worried about. my point is -- >> you and i will remember this you were not even born. >> 92 neier was i then. neil: you are right. >> he was responsible. neil: idea was, i will raise taxes if you guise come back with spending cuts, he raised taxes, they did notome back with spending cuts. are republicans risking going down the same politically disastrous road. >> we have to cut a lot. there is so muc
the argument you hear from many democrats even harry reid today, ying that elections have consequences, and this one americans voted for this. yoyou can. i don't know they voted on more spending. >> there is some truth to what you say. >> a lot. >> all truth. neil: a little. >> we're in the pregehmannal sis, thi -- we in the pregame analysis, does everyone believe we're getting threw this without any spending cuts, of course, not, here is what is going on happen decemr...
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Nov 24, 2012
11/12
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. >> i was running for reelection and chrysler was the biggest employer and i got the highest% of election because i suck my principles. the professionals knew that if they got in trouble, they were big enough to make a stink and to go down. neil: but now things have switched. now they have gone from too big to fail. >> up the speech that i gave and i was very unpopular in the mission michigan delegation. i voted against the appropriation. [talking over each other] ronald reagan might get. >> the point was it was a mistake then. not only for chrysler, because we had to bail them out again 25 years ater, how can we have financial markets that have been disciplined where mistakes and errors go unpunished? you can. capitalism doesn't work that way. neil: i agree with you. you bertie concerned me. we had no choice because there was a financial abyss waiting. but if we can stabilize, the whole world would have collapse i've been spending the last 2.5 years writing a book on this very topic that will be coming out next winter. take aig. they had written proper rules, they wouldn't have had these
. >> i was running for reelection and chrysler was the biggest employer and i got the highest% of election because i suck my principles. the professionals knew that if they got in trouble, they were big enough to make a stink and to go down. neil: but now things have switched. now they have gone from too big to fail. >> up the speech that i gave and i was very unpopular in the mission michigan delegation. i voted against the appropriation. [talking over each other] ronald reagan...
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Nov 28, 2012
11/12
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this president was democratically elected by 52% of the vote. so hh does have some legitimacy. he still has some popular support. we're likely to see the muslim brotherhood come out in force on saturday. we haven't seen them come out and test his popular appeal. the president has not made any moves towards compromise. he appears to be just waiting it out hoping these demonstrators will go home. on the other side opposition leaders say they won't talk to the president, no negotiation until he has a total backdown. they want him to completely withdraw his decree before there are any talks. so right now chance of compromise looks slim while both sides continue to marshal their forces on the streets. melissa. back to you. report.: thanks for that word is that the islamic president morsi will addressee egypt tomorrow on his latest decree. protests in the egyptian constitution. i'm joined by peter brookes, former assistant defense secretary under president george w. bush. now senior fellow with the heritage foundation. thanks so much for joining us. >> good to be with you. melissa: l
this president was democratically elected by 52% of the vote. so hh does have some legitimacy. he still has some popular support. we're likely to see the muslim brotherhood come out in force on saturday. we haven't seen them come out and test his popular appeal. the president has not made any moves towards compromise. he appears to be just waiting it out hoping these demonstrators will go home. on the other side opposition leaders say they won't talk to the president, no negotiation until he...
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Nov 29, 2012
11/12
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it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term to extend them, that's one thing, but he would have extended -- this is a weird argument to be having to have everything hinging on on the 2% that are -- suddenly as i've said before, suddenly everybody loves the bush tax cuts. so weird. >> flips the tables on who likes what. >> it all goes back to the line in the band. obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they drew back in july of 2011 because this is a situ
it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term...
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Nov 29, 2012
11/12
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we had concern about the election. turned out to be another big nonevent. all the concerns started to shift over to the fiscal cliff. now there is a big potential that that could have a drag on the u.s. economy going forward. ashley: sure. >> i don't think we get to that point though. i think that there is going to be a resolved. i do believe between now and end of the first quarter, now that is a ways away we get it resolved. ashley: yeah. >> i think as we approach the end of the year we hopefully get some kind of guidance by the folks down in washington they're coming to some kind of resolution on it. ashley: and assuming there is some sort of resolution, what does that do to the market? you would expect a bounce. how big of a bounce? >> absolutely. i think you will see a major bounce. you will see the market start to really recover and people investing for the next year, year-and-a-half out. what it is going to do when we get this sort of resolution it is going to clear up the concerns out there. businesses have been sitting largely on the sidelines. inv
we had concern about the election. turned out to be another big nonevent. all the concerns started to shift over to the fiscal cliff. now there is a big potential that that could have a drag on the u.s. economy going forward. ashley: sure. >> i don't think we get to that point though. i think that there is going to be a resolved. i do believe between now and end of the first quarter, now that is a ways away we get it resolved. ashley: yeah. >> i think as we approach the end of the...
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Nov 27, 2012
11/12
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FOXNEWSW
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even if an election is on the line. even if everybody is watching, even if it's not behind closed doors. once again, i think at the end of the day, the american people are going to get the short end of this stick because they won't see what the negotiations really were. and they'll be told on christmas eve oh, all parties have come together of the we'll have a foe foe op and we're all supposed to be happy and i would say we should look very carefully about the republican who are willing to cave on first principles without having a single sub tantive discussion on what's really on the line. i find it appalling. >> brian: you know what i find different this time? in the "new york times," they list all the democrats who have no interest in revamping any entitlements. >> of course not. not why should they? >> brian: by the way, i'm noticing what's coming up. i'm just wondering, is this the first time the president could be running into head winds with his own party? could they be to the left of the president? >> well, i moo
even if an election is on the line. even if everybody is watching, even if it's not behind closed doors. once again, i think at the end of the day, the american people are going to get the short end of this stick because they won't see what the negotiations really were. and they'll be told on christmas eve oh, all parties have come together of the we'll have a foe foe op and we're all supposed to be happy and i would say we should look very carefully about the republican who are willing to cave...